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Sandstorm Gold Ltd T.SSL

Alternate Symbol(s):  SAND

Sandstorm Gold Ltd. is a Canada-based precious metals-focused streaming and royalty company. The Company is focused on acquiring royalties and gold and other metals. The Company holds a portfolio of over 230 royalties, of which 41 of the underlying mines are producing. Its segments include Antamina, Aurizona, Blyvoor, Bonikro, Caserones, Cerro Moro, Chapada, Fruta del Norte, Hounde, Mercedes, Vale Royalties, and others. Antamina open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers (km) north of Lima. Aurizona mine is in Brazil. The Blyvoor gold mine is located on the Witwatersrand gold belt, South Africa. The Bonikro gold mine is located in Cote d’Ivoire. Caserones open pit mine is in the Atacama region of Chile. Chapada mine is located 270 km northwest of Brasilia in Goias State, Brazil. Mercedes gold-silver mine in Sonora, Mexico. Black Fox mine and Froome mine are located in Ontario, Canada.


TSX:SSL - Post by User

Bullboard Posts
Comment by cashistrashon Feb 27, 2013 2:40am
206 Views
Post# 21046981

RE: RE: Dear Pumpers consider the following

RE: RE: Dear Pumpers consider the following

Pasina;

Your ignorance is truly impressive.

I am very, very long but I cannot and will not prove that to you. Big deal.  

I have no idea which institutions have sold. They do not self indentify themselves. I'll give you a homework assignment. Look up the institutional investors as of 12-31-12. On April 15th give or take a day or two you can look into whether these same institutions still own the shares. 

Look at the daily volumes during the sell off relative to the average daily volume. We have seen volume increases of several hundred percent and more. This is not the little guys. 

I'm going to do some very simple math for your benefit. If you made it through third grade I think you'll be able to follow this;

Share price $10. Average daily volume 300k shares. That is $3.0M on a "normal" day.

You say thirty medium to small investors can account for this during a day. Well $3.0M/30 = $100k/investor/trade.

So you think there are perhaps 30 medium and small investors buying $100K of Sandstorm on a normal day? I guess QE has gone much further than I thought if small and medium investors as individuals are buying or selling this much stock in one company in one day and doing thids for many days. I need to get Helicopter Ben to do a drop at my place!

 

 

 

 

Bullboard Posts